Inflation cooled a bit last month as prices for gas and used cars fell, a sign that stubbornly elevated cost pressures are slowly easing.
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Inflation shows biggest rise in five months, amid only scattered signs of tariff effects
The numbers: Consumer prices in June posted the biggest increase since the beginning of the year and are likely to keep the Federal Reserve from cutting interest rates later this month, but there were ...
U.S. inflation cooled in April, but it may be the calm before the storm. There are already some signs that the impact of tariffs are beginning to be felt. In this environment, the Fed may be hesitant ...
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